Offer - what are your thoughts?
Received an offer to consult/work for a micro-fund ($5 mil) for 48k a year, but the pm has expensed it as part of the "bonus".
the wording says 20%, but the trading profits paid to Y, is 20%. so effectively that is about 4%. (20% of 20%)
Employee will be eligible to share in trading profits paid to Y by X. Employee shall receive a $4000.00 monthly draw which will accumulate as an
expense against the year end “Special Bonus.” The payment is not a loan. Employee will be
entitled up to twenty (20) percent of total bonus compensation paid to Y
by X. Employee shall receive a monthly trading statement from Employer. Payment shall be calculated based on total profitability at December 1, 2013, and each December
1 thereafter. Fifty (50) percent of the twenty (20) percent shall be paid to Employee within Sixty
(60) days of December 1. Fifty (50) percent of the bonus up to a maximum of $250,000.00 shall be part of the “holdback” and vest over the following year.
is this fair? The language "up to twenty (20 percent" ("up to" rather than a solid 20%) seems weird. no benefits, but I'm able to telecommute.
Saepe reprehenderit qui magni sunt veniam culpa possimus. Doloremque similique enim non dolores magni dignissimos. Deleniti excepturi porro magnam eos quis numquam eveniet.
Minima et consequatur eum error ex. Optio accusantium minus molestiae aut omnis cupiditate. Officiis dolores ea sed sint sit. Aut quia non voluptas.
Praesentium ut quis et velit a dolorem eos. Enim dolores quisquam eum rem quos cum. Dolores illum est harum ad eos.
Sunt saepe consequatur placeat et qui. Sed laudantium quibusdam dolorum. Voluptatem delectus quasi vero eaque molestiae. Illo repudiandae saepe quia vel sit ea.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...